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Essex Towers

FHA Acquisition & Refinance

Endorsed September 27, 2016

FHA #02311404

Deal Details

Location
LAWRENCE, Massachusetts
Mortgage Amount
$15.8M
Units
198
Program
Acquisition & Refinance
Lender
MASSACHUSETTS HFA
Fiscal Year
FY2016

Current Loan Status

Active
Outstanding Balance
$13.1M($15.8M original)
Interest Rate
3.05%
Maturity
October 2051(26 years remaining)
Original Term
35 years
Holder
MASSHOUSING
Servicer
MASSHOUSING

Source: HUD BF90 Active Insured Mortgages · Data as of February 2026

Data Sources

Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database

Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026

hud.gov multifamily data

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